Welcome to our dedicated page for Grande Porta news (Ticker: GPTRF), a resource for investors and traders seeking the latest updates and insights on Grande Porta stock.
Grande Porta Resources Ltd. (OTC: GPTRF) is a mineral exploration leader focused on advancing its New Amalga Gold project in Alaska's Juneau Gold Belt. This page provides investors with verified updates on drilling programs, resource estimates, and corporate developments, all adhering to NI 43-101 technical standards.
Access consolidated news about exploration milestones, private placements, and geological findings through primary-source press releases. Our curation emphasizes operational transparency, featuring updates on vein-fault structure analysis, 3D modeling advancements, and strategic partnerships.
Key content includes quarterly technical reports, project expansion announcements, and expert analyses of the company's gold-silver deposit evaluations. Bookmark this page for real-time updates on Grande Porta's systematic approach to resource delineation and its position within North America's premier mining jurisdictions.
Grande Portage Resources (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) has announced a non-brokered private placement to raise up to $1,000,000. The company plans to issue up to 5,555,555 units at $0.18 per unit. Each unit consists of one common share and one full share purchase warrant, exercisable at $0.25 for an additional common share within 24 months of closing.
The proceeds will be used to advance exploration at the company's Herbert Gold property in southeast Alaska and for general working capital. The offering is subject to TSX Venture Exchange acceptance, and finders' fees may be paid. All securities issued will have a four-month hold period.
Grande Portage Resources (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) has filed an updated technical report on its Herbert Gold Project near Juneau, Alaska on SEDAR+. The report, effective July 17th, 2024, details Indicated Resources of 1,438,500 ounces at 9.47gpt gold and Inferred Resources of 515,700 ounces at 8.85gpt gold. Prepared by DRW Geological Consultants , the report complies with NI 43-101 standards and includes project history, geology, mineralization, drilling, sampling procedures, and QA/QC protocols. The company has also granted 2,600,000 stock options to Directors, Officers, and Consultants, exercisable at $0.20 CAD for five years, subject to TSX Venture Exchange approval.
Grande Portage Resources has released an updated NI 43-101 Independent Mineral Resource Estimate for its Herbert Gold Deposit in S.E. Alaska.
The estimate includes:
An Indicated Resource of 1,438,500 ounces of gold at 9.47 gpt from 4,726,000 tonnes and an Inferred Resource of 515,700 ounces at 8.85 gpt from 1,813,000 tonnes.
Silver resources are also reported with 891,600 ounces at 5.86 gpt in the Indicated category and 390,600 ounces at 7.33 gpt in the Inferred category.
The estimate was based on data from 240 drill holes, including new high-grade discoveries.
The company aims to develop the deposit using a low environmental impact approach.
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